Sachem Capital Corp.
For the period ended Dec 31, 2025. Filed Mar 13, 2026.
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FY2025 · Filed Mar 13, 2026
SACH$0.82+0.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(in thousands, except share data)
| Years Ended | ||
|---|---|---|
| December 31, | ||
| 2025 | 2024 | |
| Assets | ||
| Cash and cash equivalents | $10,924 | $18,066 |
| Investment securities (at fair value) | 936 | 1,517 |
| Loans held for investment (net of deferred loan fees of $2,230 and $1,950) | 375,188 | 375,041 |
| Allowance for credit losses | (11,510) | (18,470) |
| Loans held for investments, net of allowances for credit losses | 363,678 | 356,571 |
| Loans held for sale (net of valuation allowance of $— and $4,880) | — | 10,970 |
| Interest and fees receivable (net of allowance of $2,598 and $3,133) | 4,116 | 3,768 |
| Due from borrowers (net of allowance of $1,084 and $1,135) | 6,978 | 5,150 |
| Real estate owned (net of impairment of $1,110 and $465) | 16,402 | 18,574 |
| Investments in limited liability companies | 39,132 | 53,942 |
| Investments in developmental real estate, net | 9,719 | 14,032 |
| Property and equipment, net | 3,160 | 3,222 |
| Other assets | 5,002 | 6,164 |
| Total assets | $460,047 | $491,976 |
| Liabilities and Shareholders' Equity | ||
| Liabilities: | ||
| Notes payable (net of deferred financing costs of $1,905 and $3,713) | $171,349 | $226,526 |
| Senior secured notes payable (net of deferred financing costs of $3,427 and $—) | 86,573 | — |
| Repurchase agreements | — | 33,708 |
| Mortgage payable | 917 | 1,002 |
| Lines of credit | 19,000 | 40,000 |
| Accounts payable and accrued liabilities | 3,255 | 4,377 |
| Advances from borrowers | 4,016 | 4,047 |
| Below market lease intangible | — | 665 |
| Total liabilities | 285,110 | 310,325 |
| Shareholders’ equity: | ||
| Preferred shares - $0.001 par value; 5,000,000 shares authorized; 3,332,000 and 2,903,000 shares designated as Series A Preferred Stock at December 31, 2025 and 2024, respectively; 2,312,758 and 2,306,748 shares of Series A Preferred Stock issued and outstanding at December 31, 2025 and 2024, respectively | 2 | 2 |
| Common stock - $0.001 par value; 200,000,000 shares authorized; 47,684,955 and 46,965,306 issued and outstanding at December 31, 2025 and 2024, respectively | 48 | 47 |
| Additional paid-in capital | 257,905 | 256,956 |
| Cumulative net earnings | 41,826 | 35,518 |
| Cumulative dividends paid | (124,844) | (110,872) |
| Total shareholders’ equity | 174,937 | 181,651 |
| Total liabilities and shareholders’ equity | $460,047 | $491,976 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.